Asset managers capitalism, actually. From Cory Doctorow https://pluralistic.net/2022/03/17/shareholder-socialism/#asset-manager-capitalism
the original analysis is from Benjamin Braun “Asset Manager Capitalism as a Corporate Governance Regime” https://osf.io/preprints/socarxiv/v6gue
worth a read, especially now that the Ukraine War has unmasked Blackrock’s greenwashing.